Shankara has been trading in a strong upward trend, supported by consistent higher highs and higher lows on the charts. The stock is sustaining above its 20-day and 50-day moving averages, which reflects strength in the ongoing rally. RSI is comfortably placed in the bullish zone, showing steady buying momentum without signs of major overbought pressure. Volumes have also picked up recently, confirming participation in the up-move. As long as the stock holds above its near-term support zone, the trend remains positive, and it could extend its rally towards higher resistance levels in the short to medium term.
BUY : SHANKARA-EQ( SHANKARA ) [20321]
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